Effect of Pandemic on Real Estate Market in India

Each area of the economy was unfavourably hit. From assembling to mining, to buyer durables to land, development and so on Horticulture area kept on being the bright spot. Switch relocation assumed a significant part in this. Workplaces and shopping centers were closed with corporates choosing to telecommute prompting millions of sq. ft. of empty spaces including strain to the current stock in office spaces. Brands and retailers either left shopping centers/high roads or reconsidered the rentals.

Effect of Pandemic on Real Estate Market in India Each area of the economy was unfavourably hit. From assembling to mining, to buyer durables to land, development and so on Horticulture area kept on being the bright spot. Switch relocation assumed a significant part in this. Workplaces and shopping centers were closed with corporates choosing to telecommute prompting millions of sq. ft. of empty spaces including strain to the current stock in office spaces. Brands and retailers either left shopping centers/high roads or reconsidered the rentals.
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Golden I
The COVID-19 pandemic unleashed destruction on the worldwide economy and India was no exemption. Seeing its least at any point decrease in GDP in Q1 2020-21 (April-June) shrinking by 24.4%, the nation battled to save lives and jobs of its kind. In the accompanying quarters, the development rates
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